W.R. Berkley Corp (NYSE: WRB) is -1.01% lower on its value in year-to-date trading and has touched a low of $46.70 and a high of $64.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WRB stock was last observed hovering at around $58.01 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $57.93, the stock is -2.62% and -3.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.62 million and changing -0.14% at the moment leaves the stock 3.59% off its SMA200. WRB registered 22.04% gain for a year compared to 6-month gain of 11.90%. The firm has a 50-day simple moving average (SMA 50) of $60.2148 and a 200-day simple moving average (SMA200) of $56.614468.
The stock witnessed a -8.04% loss in the last 1 month and extending the period to 3 months gives it a 2.19%, and is -2.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.34% over the week and 1.63% over the month.
W.R. Berkley Corp (WRB) has around 8329 employees, a market worth around $22.04B and $13.19B in sales. Current P/E ratio is 14.86 and Fwd P/E is 13.30. Profit margin for the company is 11.96%. Distance from 52-week low is 24.05% and -10.81% from its 52-week high. The company has generated returns on investments over the last 12 months (13.75%).
with sales reaching $2.97B over the same period.The EPS is expected to grow by 23.56% this year, but quarterly earnings will post 10.44% year-over-year. Quarterly sales are estimated to grow 9.59% in year-over-year returns.
W.R. Berkley Corp (WRB) Top Institutional Holders
1087.0 institutions hold shares in W.R. Berkley Corp (WRB), with institutional investors hold 91.50% of the company’s shares. The shares outstanding are 381.19M, and float is at 291.17M with Short Float at 1.61%. Institutions hold 69.30% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 24.04 million shares valued at $1.89 billion. The investor’s holdings represent 8.9642% of the WRB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.82 million shares valued at $1.24 billion to account for 5.8986 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 13.32 million shares representing 4.966% and valued at over $1.05 billion, while STATE STREET CORP holds 3.793 of the shares totaling 10.17 million with a market value of $799.41 million.
W.R. Berkley Corp (WRB) Insider Activity
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